Listen "Crude Realities: What Oil Prices Reveal About the Economy, and the U.S. Energy Future"
Episode Synopsis
In this episode of The Project Middle Podcast: Stories from and for the 99%, we break down the often-confusing world behind the headlines of oil prices news and the crude oil price chart. From the current U.S. oil price per barrel to WTI and BRENT oil price trends and oil futures charts, our conversation dives deep into what these numbers really mean for everyday Americans.We explore the historical evolution of U.S. oil production, how much oil the U.S. actually has, and what percentage of U.S. oil is imported. The episode covers where the U.S. gets its oil, how much it still relies on foreign imports, and what that means for U.S. oil stocks and energy security. We also look at urban oil extraction, particularly in states like California, and how crude oil price investing ties into broader economic factors like wages and fuel costs.Listeners will learn how public policy, such as CAFE standards and gasoline taxes, shape both oil demand and the future of the automotive industry. We also unpack the role of ethanol, electric vehicles, and public transit in reducing dependency on fossil fuels. Whether you're tracking the crude oil price today in dollars per barrel or just want to understand how these energy trends affect your wallet, this episode connects the dots between energy markets and working-class realities.🎧 Watch full episodes & subscribe to Project Middle for more: 🌐 Website: www.projectmiddle.com 💖 Patreon: https://patreon.com/ProjectMiddle 👕 Shop our merch: https://projectmiddle.com/collections/project-middle-merch 🎙️ Listen on Spotify Podcasts: https://open.spotify.com/show/2Zs2BMYHvZFTtLPfEoKAWi?si=bdc85c0ed3ef4bbc 🎙️ Listen on Apple Podcasts: https://podcasts.apple.com/podcast/id1823107765
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